Readen Holding Corp. (OTC PINK: RHCO), released and filed their Quarterly report as of March 31, 2013 today

Readen Holding Corp. (OTC PINK: RHCO), released and filed their Quarterly report as of March 31, 2013 today

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Readen Holding Corp. (OTC PINK: RHCO), released and filed their Quarterly report as of March 31, 2013 today

PR Newswire

HILVERSUM, Netherlands, June 5, 2013

HILVERSUM, Netherlands, June 5, 2013 /PRNewswire/ -- RHCO (OTC PINK: RHCO) today announced financial results for its fiscal quarter ended March 31, 2013. The Company posted quarterly net income of $1.21 million.

In the report RHCO confirmed they acquired transition metals (copper isotopes) for 200 million U.S. dollars (100 million U.S.dollars new issued shares and 100 million U.S. dollars in convertible notes). The appraised value of these metals exceed 1 billion dollars.

Total assets:	213,715,190
Total liabilities:	104,180,167
Total liabilities and stockholders equity	213,715,190
Net income	1,216,956

*All amounts are in U.S. Dollars.

The full Quarterly report is available here:

http://www.otcmarkets.com/financialReportViewer?symbol=RHCO&id=105864

The Company is in the process of closing the transaction for the acquisition of Altembrouck Estate upon the filing of this report.

"We are pleased to report this quarter's numbers thanks to continued strong performance of our subsidiaries and the acquirement of the transition metals," said Ronald Steenbergen, RHCO's CEO. "Our teams are hard at work on some amazing new projects and services and we are very excited about the turn of events for the coming year."

The group's websites are:

www.readenholdingcorp.com 

www.d5metal.com


www.skyglobalsim.com


www.d5mobile.nl


www.d5avenue.com

Readen Group's mission statement is to be a valuable partner for customers in terms of technical flexibility, quality and competitive pricing through the complete value chain (SIM cards, mobile phones and applications).

This press release may contain forward-looking statements, including, but not limited to, statements regarding Readen Holding Corporation and its plans, products and related market potential. Forward-looking statements may be identified by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential" or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Readen Holding Corporation's postings on the OTC Markets Disclosure &; News Service and future filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Readen Holding Corporation undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.

Contacts:
Readen Holding Corp.
Ronald Steenbergen 
[phone]

SOURCE Readen Holding Corp.